Alqanoni

Companies Law

Art. 204
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

1. A professional company may only practice the professions for which it is incorporated. 2. A professional company may not engage in commercial activities. It may, however, own real property assets and invest its funds in real estate, commercial papers, or any other type of investment to serve its purposes. The Regulations shall specify the necessary rules therefor.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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